Bank Nifty Future closed @ 30680 as on 29.01.2021..!!
Bank Nifty Future has resistance at 30777 – 30888 Point; above which other resistance levels are at 30939 – 31009 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 30535 – 30303 Point; below 30303 Point, other support levels are at 30173 – 29909 Point.
I am positive for the next bullish trend only above @ 31009 Point but be with the trend. Let the market decide further moves.
As we are saying from many days, Buying is suggested in falls only…and it’s still a better strategy in the given Scenario…!!!
Regarding Long term positions, it is preferable to remain cautious now…!!
If Bank Nifty Future crosses @ 31009 Point, again then the upper side target is quite high and it may touch @ 31109 Point in the short term…!!
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